Crewe Advisors LLC Takes $35,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Crewe Advisors LLC purchased a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 238 shares of the business services provider’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Banque Cantonale Vaudoise grew its stake in Booz Allen Hamilton by 112.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after buying an additional 109 shares during the last quarter. Smithfield Trust Co grew its stake in Booz Allen Hamilton by 87.7% in the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock valued at $34,000 after buying an additional 121 shares during the last quarter. MCF Advisors LLC grew its stake in Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after buying an additional 115 shares during the last quarter. Riverview Trust Co acquired a new position in Booz Allen Hamilton in the 1st quarter valued at $39,000. Finally, Covestor Ltd grew its stake in Booz Allen Hamilton by 150.8% in the 1st quarter. Covestor Ltd now owns 306 shares of the business services provider’s stock valued at $46,000 after buying an additional 184 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Insider Activity at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 332 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $51,177.80. Following the completion of the transaction, the chief financial officer now directly owns 23,438 shares of the company’s stock, valued at approximately $3,612,967.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 332 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $51,177.80. Following the completion of the transaction, the chief financial officer now directly owns 23,438 shares of the company’s stock, valued at $3,612,967.70. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Horacio Rozanski sold 34,571 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the completion of the transaction, the chief executive officer now directly owns 579,025 shares of the company’s stock, valued at $89,256,703.75. The disclosure for this sale can be found here. Insiders sold 58,255 shares of company stock valued at $8,970,026 in the last ninety days. Insiders own 1.59% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on BAH shares. Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, May 21st. Wells Fargo & Company raised their price target on shares of Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 28th. Barclays raised their price target on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 29th. JPMorgan Chase & Co. raised their price target on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th. Finally, TD Cowen raised their price target on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, May 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock traded down $0.51 during trading on Thursday, hitting $153.58. 725,176 shares of the company’s stock traded hands, compared to its average volume of 640,123. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.62 and a quick ratio of 1.62. The firm’s fifty day moving average price is $154.32 and its 200 day moving average price is $147.33. Booz Allen Hamilton Holding Co. has a twelve month low of $106.90 and a twelve month high of $164.43. The company has a market cap of $19.86 billion, a PE ratio of 33.77, a PEG ratio of 2.28 and a beta of 0.57.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the firm posted $1.01 EPS. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. Analysts forecast that Booz Allen Hamilton Holding Co. will post 6.05 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.33%. The ex-dividend date was Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio is currently 44.35%.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.